Demand for condominiums in Hua Hin tends to decrease as sales analysis of many projects in the first quarter of this year is not in progress.

according to the target set This may be due to the trend of main buyers, who are more than 70% Thai customers in the past 2-3 years, delaying purchasing decisions.

Due to the political situation that is still unclear and the economic situation is still slowing down, causing consumers to lack confidence in

Buying real estate

However, even though the demand for condominiums in Hua Hin has decreased, But reducing condominium prices probably won't happen in the future.

Hua Hin real estate market by

Condominium projects will focus on finding marketing methods. and organizing marketing promotion activities to stimulate sales

of the project, which when analyzed, real buyers or investors must view the situation as an opportunity to go in and buy or

Invest because during this period it is considered to be a period in which bargaining power is higher.

Condominiums in Hua Hin still have many selling points, such as being a resort town with a concept. and classic style

It's a safety zone. And various commercial areas are being developed. other than housing projects and due to land limitations,

It is expected that new projects that will really be developed in the Hua Hin zone That will not happen easily anymore, so investing in the long term to

It's property. or create returns in the future, condominiums in Hua Hin are still considered another bright option for buyers or

group

++Real investors

“Investing in real estate, the resort city of Hua Hin has many factors that buyers take into consideration when making decisions.

Because there is still a group of buyers who are ready and interested in buying for investment if looking at Hua Hin from a tourism perspective. Especially on the last day

Weeks and festivals It was found that hotel and resort occupancy rates are so high that they are almost 100% full, making them suitable for purchasing condominiums.

Rent it out to tourist groups," Mr. Kitisak said.

At present, the average selling price of Hua Hin seaside condominiums is approximately 8%. Ten thousand baht per square meter (sq m) by Bang

Projects next to the sea have an average selling price per

sq m. up to 1.3 hundred thousand baht per sq m. As for the location in Khao Tao, it is a location with luxury projects, making the average selling price at

Approximately 110,000 baht per sq m. As for the Cha-am and Hua Hin mountainside locations There is still a not very high selling price at around 60,000 baht.

per sq m.

In addition, in the issue of preparation of environmental impact analysis reports or EIA and construction progress.

Buyers should consider whether the project they are purchasing has received environmental approvals. And when will it be built if we see that the project

Construction has begun. The progress should be periodically monitored in order to prevent risk as well as return on investment.

such as guaranteed returns or giving immediate discounts If calculated and found to have a good average annual return, that is something.

Interesting, can be used as a tool for evaluating condominium projects to buy or invest in, making profits, including saving

Assets with future value It is an interesting opportunity.

Source: Post Today